Getting preapproved for a mortgage at the beginning of your homebuying journey will make the whole process much simpler and easier. Preapproval means Envoy has committed to offering you a specific mortgage amount based on a detailed financial analysis and credit check. One of our underwriters will have reviewed your file as well.
Until now, you’ve been so focused on what you should do to secure financing that you probably haven’t thought about what you shouldn’t do. Your homebuying journey is only one part of your life, after all—unfortunately, seemingly unrelated decisions can still have a major impact on your mortgage experience.
The perfect home isn’t as hard to find as you think! Follow these seven suggestions for a smoother homebuying process.
You have probably heard that a mortgage refinance can result in saving you thousands by lowering your monthly mortgage payment, but how does refinancing work? Determining if a refinance is the right choice for you depends on your specific financial situation. Consider these reasons to refinance if you are in the middle of determining your options.
If you’re like us then you’ve probably heard of the Marie Kondo book, The Life-Changing Magic of Tidying Up and have even binged the Netflix original series, Tidying Up with Marie Kondo. The KonMari Cleaning Method is based around the idea that your home should only be filled with items that “spark joy” in your life. Here are our major takeaways from her book and Netflix original and how Marie Kondo’s method can help you declutter.
Fair Isaac Corporation, the company in charge of producing the FICO credit score range, is about to change the way they calculate credit scores for millions of Americans. The FICO credit score is very important, as it determines your financial capability to purchase high-expense items, such as, a car, home or apartment.